Housing Wire

SEPTEMBER 1, 2023

The transaction will allow Cerberus executives to realize new opportunities as demand for home equity solutions in the U.S. Before Spring EQ, he founded New Penn Financial , which was sold to Shellpoint Partners and later acquired by New Residential Investment Corp. The terms of the deal were not disclosed. accelerates.

Equity 375

Equity Loan Officer Residential Commercial 375

Housing Wire

DECEMBER 5, 2023

Residential sale-leaseback platform EasyKnock has acquired home equity investment platform Balance Homes , the company announced on Tuesday. EasyKnock and Balance Homes share the vision of empowering American homeowners, providing new innovative solutions to access their equity, and together, we can help more homeowners.”

Equity 388

Equity Investor Technology Residential 388

Housing Wire

FEBRUARY 13, 2024

REdistribute provides clean, timely, highly compliant, and accessible listings data, which complements our comprehensive property data solution for banks, portfolio managers, government agencies and others who need access to the best, most up to date information on the housing market.”

MLS 378

MLS Technology Mortgages Banks 378

Housing Wire

SEPTEMBER 19, 2023

Ospina will oversee the firm’s strategic direction, operational activities, and growth initiatives while ensuring Alterra provides accessible and tailored mortgage solutions to the Hispanic and underserved communities, the company said in a release. He originated more than $46 million in loans in 2022, the company said.

Loans 416

Loans Lending Residential Mortgages 416

Housing Wire

NOVEMBER 3, 2023

Our collaboration with RealScout will help Anywhere continue delivering comprehensive and valuable solutions to affiliated agents and consumers,” Tony Kueh, chief product officer at Anywhere, said in a statement. According to a RealScout analysis, the median residential volume closed by RealScout users was 54% higher than for other agents.

Staging 384

Staging Branding Residential Agents 384

Housing Wire

JANUARY 16, 2024

Anchor Loans’ TPO channel will provide residential business purpose loan products – including bridge , fix and flip, ground-up construction and rental investor loans with debt service coverage ratio (DSCR), the firm said in a release. The deal was expected to improve Pretium’s private capital solutions to the U.S.

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Loans Investor Banks Finance 433

Housing Wire

APRIL 17, 2024

The portfolio of loans examined included residential, commercial investor and business purpose loans. Nearly half (48%) of a $65 billion portfolio of loans processed during the first quarter of 2024 contained vulnerabilities to wire and title fraud , according to a report released Wednesday by FundingShield.

Loans 445

Loans Title Commercial Closing 445

Housing Wire

MAY 3, 2023

Stavvy , a fintech company specializing in digital and remote collaboration for lending and real estate companies, announced on Wednesday a new partnership with WFG National Title Insurance Company (WFG) to provide the company and its customers with eClosing technology solutions.

Title 353

Title Lending Technology Commercial 353

Housing Wire

SEPTEMBER 21, 2023

Loan quality and audit services company QC Ally on Thursday announced the acquisition of third-party due diligence solutions company Inglet Blair. Founded in 2003, Inglet Blair specializes in the analysis of residential mortgage loans and other forms of secured mortgage-related debt, leaning on ratings-agency approved insight. “As

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Due diligence Equity Loans Residential 354

Housing Wire

FEBRUARY 22, 2024

TF: VRM Mortgage Services (VRM) is an experienced residential and commercial real estate solutions provider, transcending conventional boundaries to deliver a spectrum of services beyond REO. We take immense pride in our agile, industry-leading proprietary technology solutions and our scalable, seasoned resources.

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Due diligence Marketing Mortgages New Construction 369

Housing Wire

NOVEMBER 8, 2022

Publicly traded lending software firm MeridianLink has acquired OpenClose , a fintech company that specializes in residential mortgage software solutions for banks, credit unions and mortgage lenders. How mortgage lenders are qualifying the value of fintech solutions.

Mortgages 392

Mortgages Lending Technology Banks 392

Housing Wire

JANUARY 10, 2024

The median agent in the study’s result, by contrast, had two sales per year, leading the study’s author, CFA senior fellow Stephen Brobeck, to conclude, “the residential real estate industry is clearly a part-time industry.”

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Agents Sales Residential Commercial 427

Housing Wire

DECEMBER 4, 2023

Digital mortgage automation solution provider Floify launched a lending platform for mortgage brokers built on the foundation of the Floify point-of-sale (POS) platform.

Lending 427

Lending Mortgages Loans Technology 427

Housing Wire

JULY 26, 2023

Department of Housing and Urban Development (HUD) this week announced a new notice of funding opportunity (NOFO) to examine the intricacies of converting office space into residential living units. Each new goal, while worthy, widens the disconnect between buildings constructed decades ago and what regulation requires today.”

Residential 355

Residential Principal Development Finance 355

Housing Wire

SEPTEMBER 21, 2023

(ICE) and investment research firm Delta Terra Capital announced a partnership to offer climate-adjusted credit risk analytics for residential and commercial mortgage-backed securities (MBS).

Investor 234

Investor Commercial Residential Finance 234

Housing Wire

JUNE 5, 2023

Title Resources Group (TRG), a leading title insurance underwriter, announced on Monday that HomeServices of America , a Berkshire Hathaway affiliate and one of the nation’s largest residential real estate companies, has increased its ownership stake in TRG. Anywhere Real Estate, Inc., and Opendoor Technologies, Inc.

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Title Land Industrial Residential 338

Housing Wire

NOVEMBER 10, 2022

The firm will focus on the non-qualified residential mortgages in the wholesale and correspondent channels. Angel Oak intends to focus on the non-QM residential mortgage sector through its wholesale and correspondent channels, the company said. The lender originated $2.32 Of the total volume, conventional loans accounted for 85.7%

Loans 305

Loans Bankruptcy Loan Officer Lending 305

Housing Wire

JULY 28, 2023

Mauricio Umansky ‘s residential brokerage The Agency is venturing into core services. Through partnerships with Bubble Insurance Solutions and New American Funding , real estate agents at The Agency will have access to mortgage lending services and insurance services for their clients.

Brokerage 347

Brokerage Finance Lending Mortgages 347

Housing Wire

JULY 19, 2023

Courted , which specializes in data science and artificial intelligence for real estate brokerages, has joined Leading Real Estate Companies of the World ‘s Solutions Group program. LeadingRE has independent residential brokerages in more than 70 countries, with 565 firms and 136,000 agents producing more than 1.2

Brokerage 347

Brokerage Residential Agents 347

Housing Wire

JANUARY 23, 2023

Revolution Mortgage today launched Tavant’s Decision Analysis solution, a tool for underwriters and quality control that can integrate with lender ecosystems. Revolution will implement Tavant’s document, credit, and collateral analyses solutions later this year.

Lending 384

Lending Mortgages Technology Loans 384

Housing Wire

SEPTEMBER 8, 2022

Verification provider Xactus and income and employment data solution firm Truv teamed up to court more mortgage lenders that will speed up the mortgage approval process. In June, the firm launched a monitoring program that scans residential addresses for changes in listing status in efforts to court more lenders in a tight housing market.

Lending 381

Lending Mortgages Residential Finance 381

Housing Wire

AUGUST 31, 2022

Xactus tapped Ross Gloudeman as the verification solutions provider’s general counsel and chief compliance officer. Starting out with a combination of credit reporting companies CIS Credit Solutions and Avantus in 2020, the company moved into the appraisal technology business the following year and rebranded to Xactus in March 2022. .

Lending 370

Lending Technology Loans Banks 370

Housing Wire

OCTOBER 22, 2021

Real estate investors are buying more properties, but paying less for them, according to a report from RealtyTrac released Thursday based on ATTOM Data Solutions home sales data. In the second quarter of 2021, investor purchases accounted for 15.4% of all home purchases nationwide, compared with 11.5% of all home purchases a year prior.

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Investor Residential Sales Marketing 545

Housing Wire

JULY 28, 2022

Xactus will add flood services to its list of verification solutions with the acquisition of MassiveCert , a software company that provides flood zone determinations for insurance, lending and real estate. MassiveCert will be rebranded as Xactus Flood Solutions. The terms of the deal were not disclosed.

Banks 325

Banks Lending Technology Loans 325

Housing Wire

OCTOBER 19, 2023

It ranked 8th for residential sales volume, with a total of $46,687,375. Meanwhile, clients will gain access to a private client portal, a website with customizable search and value features, a concierge services platform, insights on equity solutions as well as a network of experts, the press release said.

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Principal Technology Equity Residential 395

Housing Wire

OCTOBER 10, 2022

Angel Oak Home Loans continues to serve homebuyers across the country and maintains staffing levels to meet the changing dynamics of the residential mortgage market.”. Angel Oak Mortgage Solutions originated roughly $5 billion in volume between July 2021 and July 2022, the company said. was purchases.

Loans 355

Loans Loan Officer Mortgages Residential 355

Housing Wire

AUGUST 9, 2023

We feel the resiliency of residential purchase volumes, which have held up in a weak market despite mortgage rates spiking to 7%, is a testament to the underlying demand for housing the exists in this country.”

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Title Residential Commercial Investor 350

Housing Wire

DECEMBER 3, 2021

Of the 10,000 construction of buildings jobs created in November, 4,100 were in the residential sector. In the specialty trade contractor jobs sector, 6,200 were in residential construction. for residential construction building, a faster pace than previous months,” Kushi said. Residential building is up approximately 5.8%

Residential 439

Residential Construction Banks Industrial 439

Real Estate News

JUNE 1, 2023

Housing supply has not kept up with demand, but building more units in existing residential neighborhoods could be part of the solution.

Residential 220

Residential 220

Housing Wire

FEBRUARY 21, 2024

The industry side of the board includes Eddy Perez, CEO of Equity Prime Mortgage (EPM) ; Phil Shoemaker , CEO of The Loan Store ; Chris Vinson, CEO of Windsor Mortgage ; and Kevin Peranio, chief lending officer of Paramount Residential Mortgage Group (PRMG). Additionally, mortgage broker Jerry Robinson from 1st Choice Mortgage Co.

Lending 395

Lending Finance Loans Mortgages 395

Housing Wire

JUNE 29, 2022

Angel Oak has two firms under its residential lending business: Angel Oak Home Loans and Angel Oak Mortgage Solutions. Angel Oak Mortgage Solutions offers non-QM and specialized mortgage solutions for brokers and correspondents.

Loans 334

Loans Sales Lending Mortgages 334

Housing Wire

JUNE 8, 2022

Verification solutions provider Xactus wants to court more lenders through its active listing data in a tight housing market. Xactus Wednesday announced its new active listing scan program, which will scan residential addresses for changes in listing status and the average number of days on market for a neighborhood.

Short sale 336

Short sale MLS Banks Loans 336

Housing Wire

AUGUST 25, 2022

Mortgage tech firm Blend launched a software solution for home equity products amid a mad dash from lenders into the space. Guaranteed Rate , UWM , loanDepot and New Residential Investment Corp. The post Blend releases new home equity software solution appeared first on HousingWire. million loss in the previous quarter.

Equity 391

Equity Loans Banks Title 391

Housing Wire

OCTOBER 25, 2023

The GTOs require title companies to identify the people behind shell companies used in all-cash purchases of residential real estate. For that reason, Treasury is committed to developing a solution to increase the transparency in the domestic real estate market.” The new requirements are effective through mid-April 2024.

Sales 382

Sales Title Residential Development 382

Housing Wire

FEBRUARY 21, 2023

The deal will offload an FoA subsidiary division that offers residential real estate investment loans. Following the closing of the [deal], FAM will no longer operate in the business of originating business purpose loans to residential real estate investors.

Commercial 323

Commercial Lending Finance Title 323

Housing Wire

AUGUST 2, 2023

Meanwhile, Premier Agent , Zillow’s residential segment, reported a 3% annual decrease in revenue, outperforming both the 22% drop in U.S. ” He reiterated the five growth pillars of the app, touring, financing, seller solutions, enhancing our partner network, and integrating our services. “The

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Finance Loans Agents Branding 363

Housing Wire

JULY 27, 2023

“At OJO, we are laser-focused on working with our industry partners to provide homeownership solutions to the millions of consumers on our platforms,” Berkowitz said. In his new role, Taylor will work closely with OJO CEO and Founder John Berkowitz.

Technology 315

Technology Residential Industrial Mortgages 315